secwatch.observer — SEC 8-K summary
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Issuer:     ALLIENT INC (ALNT)
CIK:        0000046129
Form:       8-K
Filed at:   2022-08-29T23:59:59+00:00
Accession:  0001558370-22-014053
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allied Motion expands revolving credit facility by $55M to $280M
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- Revolver increased by $55M from $225M to $280M; maturity remains February 2025.
- Maximum leverage ratio of 4.0x through Q3 2023, then 3.5x; temporary 0.5x step-up for acquisitions through end 2022.
- Interest at Adjusted Term SOFR + 1.00%–2.25% based on leverage; no other substantive changes.
- CFO says facility supports growth and working capital amid elevated inventory and supply chain constraints.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46129/000155837022014053/0001558370-22-014053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46129/000155837022014053/amot-20220823x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-014053

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer